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. and this could become the costliest natural disaster in u.s. history. and number one, superstorm sandy. >> this historic superstorm made landfall over the most populated areas hoft united states. even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> never seen devastation like this in my life. >> the surf here getting much more violent. >> curfew is under way right now. you are not to be on this street. >> keeping an eye on the possibility of flooding. >> superstorm sandy has crippled the nation's biggest transit system. >> talking about flooding, possible power outages. that could last for days. >> in the city to the countryside, people need to be self-aware. >> the storm killed at least 113 people in the u.s. and caused tens of billions of dollars in damage. total repairs will take decades. chad myers, cnn. >> make sure you join me for the biggest stories of the year in crime, politics, money and even the most scandalous. the top ten of 2012, season sunday night, 8:00 eastern only here on cnn. dayquil doesn't . really? [ male announcer ] alk
crop sending prices sky high. who can forget superstorm sandy. damages as high as $50 billion raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united states. >> the next. more than just about
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